- Chronic physical climate risks (landslides, floods, storms) impacting asphalt and aggregate production.
- Lack of comprehensive data from suppliers on timber sourcing.
- Challenges in allocating emissions to different customers.
Veidekke ASA
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Veidekke ASA disclosed greenhouse gas emissions of 958.0K tCO2e/year (Scope 3). By scope: Scope 1: 60.1K tCO2e/year; Scope 2: 46.0K tCO2e/year (market-based); Scope 3: 958.3K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
958.0K tCO2e/year (Scope 3)
2023
Renewable Energy
43%
of total energy
Energy Use
434.2K MWh/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 60.1K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 46.0K tCO2e/year (market-based) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 958.3K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Reduced Scope 1 and 2 emissions by 5.6% due to increased biofuel use.
- Increased renewable energy share to 43% in 2023.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce water consumption by 10% by 2025
- Achieve 100% certified timber in supply chain by 2025
- Achieve 8% EU taxonomy operating revenue alignment by 2025
📅 Medium-term
- Achieve 25% EU taxonomy operating revenue alignment by 2030
- Reduce greenhouse gas emissions by 50% by 2030
🔭 Long-term
- Net zero emissions by 2045
🌱 ESG Focus Areas
Climate ChangeForestsBiodiversity